Leathergoods brand Michael Kors reported revenue of $987.9 million in the first quarter of the 2016/2017 financial year, a 0.2% increase on the same period last year. Net income dropped 16% to $174.4 million. Despite sales exceeding predictions John Idol, chairman and CEO of Michael Kors, was cautious due to a 7.4% decrease in comparable-store...

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